Share this article
First Midwest Bank Trust Division Holding 29.5K Shares of Grayscale Bitcoin Trust
First Midwest Bank Trust Division has $14 billion of assets under management and is the third-largest independent Illinois-headquartered bank.
Updated Sep 14, 2021, 1:23 p.m. Published Jul 8, 2021, 7:21 p.m.
First Midwest Bank Trust Division has reported holding 29,498 shares of Grayscale Bitcoin Trust as of June 30, according to a Securities and Exchange Commission (SEC) filing.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to the 13F SEC filing, the Joliet, Ill.-based bank purchased one lot of 20,655 shares and another lot of 8,843 shares of the Grayscale Bitcoin Trust.
- First Midwest Bank Trust Division has $14 billion of assets under management and provides fiduciary, investment and private banking services to individual, corporate and governmental clients. It is the third largest independent, Illinois-headquartered bank.
- Grayscale is a unit of Digital Currency Group, of which CoinDesk is an independent subsidiary.
Read more: Grayscale ‘Unlockings’ Poses Downside Risk to Bitcoin Price, JPMorgan Says
More For You
More For You
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
Top Stories
